Louisville KY Short Sales

Many things have changed in the real estate market recently and it can be a bit intimidating for a buyer. But if you understand a few key concepts, you are can be in the driver’s seat for a great deal on your next property.  One type of property sale you definitely want to understand is the short sale. 

View all Short Sales Below

If you want a home in the Louisville area, a short sale might be the right way for you to go.  A short sale refers to a property sale that provides the lender with less money than currently owed by the borrower.  It’s an agreement between the seller (borrower) and his/her lender that can prevent the home from going to foreclosure.Louisville Short Sales

A short sale can provide you with a once in a lifetime opportunity to buy a home at a bargain price.  This might mean more square footage, a better location or higher quality construction than you might otherwise find.  There are some distinct advantages of a short sale over foreclosure too.

Short sale homes are often in better condition than foreclosures because the previous owner sought to sell before they defaulted. That often means they have done a better job maintaining their home until they listed the property too.

How can you ensure that the short sale property that interests you is in good condition? Make a successful home inspection by a reputable firm part of your offer on the home.  Be aware that the lender may be in too much of a hurry for this, but the purchase price will often be low enough to make your risk worthwhile.

If you want to purchase a home in this favorable market, a short sale may well get you much more house for your money. Know the risks. See professional advice and you may well be in your dream home before you know it.

These Louisville Short Sales are updated every day from the  Louisville KY MLS. If you would like more information on any of these Louisville Short Sales for sale, just click the "Request More Information" button when viewing the details of that property. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more.

And, if you haven't already, be sure to register for a free account so that you can receive email alerts whenever new Short Sales come on the market.

9 Properties
$204,500
Subdivision: Hunters Ridge
3
Beds
2F11/2
Baths
2,760
Sq.Ft.
2005
Year Built
155
Days on Site
1552782
MLS
Short Sale. Great opportunity to purchase. Home has hardwood floors on main level, vaulted ceilings,gas fireplace and open floor plan. Enjoy family time in the Eat-in-Kitchen, Formal Dining room or...
$154,000
Subdivision: Shacklette Acres
3
Beds
1
Baths
1,673
Sq.Ft.
1959
Year Built
43
Days on Site
1560832
MLS
A great opportunity in the Shacklette Acres neighborhood of Pleasure Ridge Park! This property is still in great condition. Includes 3 beds/1 bath and partially finished basement. Most, if not all,...
3
Beds
1F11/2
Baths
1,344
Sq.Ft.
1975
Year Built
179
Days on Site
1551277
MLS
SHORT SALE! Investors and renovators take notice and bring an offer! This home is a spacious 3 bed 1.5 bath home with a large walkout basement that is just waiting to be finished for tons of extra...
Under Contract
4711 Aledo Ct Louisville, KY 40229
$109,900
Subdivision: Lone Acres
4
Beds
1
Baths
1,430
Sq.Ft.
1971
Year Built
8
Days on Site
1563578
MLS
*Short Sale Property* Great as an Investment Property or as a Residence. This Bi-Level home offers 4 Bedrooms, 1 Full Bath and 1,430 sq. ft. of living space. A large Outbuilding/Garage is included....
Under Contract
8407 Archwood Ct Louisville, KY 40219
$103,000
Subdivision: Timber Glen
3
Beds
1F11/2
Baths
1,580
Sq.Ft.
1978
Year Built
149
Days on Site
1553186
MLS
Property needs extensive work, short sale. Property is at a price the bank is willing to accept.
Under Contract
9810 Dawson Hill Rd Jeffersontown, KY 40299
3
Beds
1
Baths
1,272
Sq.Ft.
1963
Year Built
145
Days on Site
1553520
MLS
Excellent opportunity to own a home in Jefferson County on almost an acre! You can make this home your own with a little TLC and a few updates. Newer windows. This home is a short sale and sold...
Under Contract
3324 Blanton Ln Louisville, KY 40214
3
Beds
1F11/2
Baths
1,678
Sq.Ft.
1932
Year Built
293
Days on Site
1544144
MLS
Property sits on 3.9 acres per PVA. Advise buyer to survey.There was a pole barn (which was blown up) towards the back of the property & a field past the pole barn. This home needs complete rehab or...
Under Contract
4126 Wheeler Ave Louisville, KY 40215
$54,950
Subdivision: Hazelwood
2
Beds
2
Baths
1,382
Sq.Ft.
1972
Year Built
23
Days on Site
1562415
MLS
SHORT-SALE....ATTENTION INVESTORS!!!...2BR, 2 BATHS, 2 car garage, double lot, fenced yard, selling ''AS-IS'', house needs some major repairs/upgrading ,2 huge storage rooms upstairs, could be 2...
$43,000
Subdivision: Churchill
4
Beds
2F11/2
Baths
1,230
Sq.Ft.
1925
Year Built
290
Days on Site
1544341
MLS
Possible short sale. 4 Bedroom 2.5 bath home. Large covered front porch, fenced yard and a block garage. Newer windows. A lot of home for the money. Would make a great home or good investment for...
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